NOT LISTED FOR SALE

578 E Main St Norwich, CT 06360

Central Norwich Neighborhood

Estimated Value: $231,000 - $290,000

3 Beds
1.5 Baths
1,454 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $157,000 $108 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,972/month

5 Days on Market

Highlights

  • Antique Architecture
  • No HOA
  • Baseboard Heating
  • Corner Lot
  • Patio
  • Wood Siding

About This Home

As of July 2018

Wonderful and newly remodeled home, located on a nice corner lot. Spacious and newer kitchen with vaulted ceilings and quartz counter tops. Two new full baths, freshly painted throughout, refinished hardwood floors, and high efficient mechanicals. There is also a newly paved driveway, along with a front covered porch and spacious deck.

Last Agent to Sell the Property

John Troland

William Raveis Real Estate License #RES.0793858 Listed on: 06/06/2018

William Raveis Real Estate

Last Buyer's Agent

Thomas Golden

Compass Connecticut, LLC License #RES.0797975

Compass Connecticut, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,119

Year Built

  • Built in 1875

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • Property is zoned MF8

Parking

  • Off-Street Parking

Home Design

  • Antique Architecture
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,454 Sq Ft Home
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Patio
  • Baseboard Heating

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,119

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Property Type: Single Family For Sale
  • Potential Short Sale: No
  • Style: Antique
  • Sq Ft Est Heated Above Grade: 1454
  • Public Record Living Room Sq Ft: 1454
  • Total Sq Ft: 1454
  • Year Built: 1875
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 2908
  • Directions: Home and driveway is easy to access off Carter Ave.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement Description: Full With Hatchway
  • Appliances: Oven/Range, Microwave, Refrigerator, Dishwasher
  • Attic: No
  • Street Number Modifier: 578

Exterior Features

  • Exterior Features: Patio
  • Exterior Siding: Wood
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Baseboard
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.2900
  • Lot Description: Corner Lot
  • Zoning: MF8

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 4119
  • Total Assessed Value: 84500
  • Mil Rate Base: 40.670
  • Mil Rate Tax District: 8.070
  • Mil Rate Total: 48.740
  • Assessor Parcel Number: 2026915

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2018
Closed on
Jul 27, 2018
Sold by
East Coast Flips Llc
Bought by
Hammond Nicholas R
Seller's Agent
John Troland
William Raveis Real Estate
Buyer's Agent
Thomas Golden
Compass Connecticut, LLC
List Price
$159,900
Sold Price
$157,000
Premium/Discount to List
-$2,900
-1.81%
Current Estimated Value
$267,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,443
Avg. Annual Appreciation
7.66%
Original Mortgage
$152,290
Outstanding Balance
$132,546
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,897

Purchase Details

Closed on
Feb 1, 2018
Sold by
Peretti 2Nd Joseph P and Peretti Karen
Bought by
East Coast Flips Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hammond Nicholas R $157,000 --
Hammond Nicholas R $157,000 --
East Coast Flips Llc $55,500 --
East Coast Flips Llc $55,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammond Nicholas R $152,290
Closed Hammond Nicholas R $152,290
Previous Owner East Coast Flips Llc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2018 07/27/18 Sold $157,000 -1.8% $108 / Sq Ft
06/11/2018 06/11/18 Pending -- -- --
06/06/2018 06/06/18 For Sale $159,900 -- $110 / Sq Ft
Source: SmartMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,645 $164,200 $32,600 $131,600
2024 $6,272 $164,200 $32,600 $131,600
2023 $5,025 $103,300 $22,800 $80,500
2022 $5,008 $103,300 $22,800 $80,500
2021 $5,025 $103,300 $22,800 $80,500
2020 $5,007 $103,300 $22,800 $80,500
2019 $4,957 $103,300 $22,800 $80,500
2018 $4,089 $84,500 $26,900 $57,600
2017 $4,119 $84,500 $26,900 $57,600
2016 $4,146 $84,500 $26,900 $57,600
2015 $4,061 $84,500 $26,900 $57,600
2014 $3,881 $84,500 $26,900 $57,600
Source: Public Records

Agents Affiliated with this Home

  • John Troland

    Seller's Agent in 2018

    John Troland

    William Raveis Real Estate

    (860) 753-1661

    1 in this area

    88 Total Sales

    John Troland
    Section Image

  • T

    Buyer's Agent in 2018

    Thomas Golden

    Compass Connecticut, LLC

    Section Image
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Map

Source: SmartMLS

MLS Number: 170092346

SmartMLS

APN: NORW-000103-000002-000053

Connecticut New London County Norwich 06360 Central Norwich

578 E Main St, Norwich, CT

This home is located at 578 E Main St, Norwich, CT 06360 since 06 June 2018 and is currently estimated at $267,443, approximately $183 per square foot. This property was built in 1875. 578 E Main St is a home located in New London County with nearby schools including Veterans' Memorial Elementary School, Kelly STEAM Magnet Middle School, and Integrated Day Charter School.

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